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L&T Construction Bags Contracts for PT&D Biz worth Rs 1,000 Cr – Rs 2,500 Cr

Additionally, it has bagged another order for the design and construction of a 15MW grid-connected floating solar farm under Visakhapatnam Smart City project. It is among the biggest floating solar projects in India. The construction arm of Larsen & Toubro, L&T Construction, has secured a number of Engineering, Procurement and Construction (EPC) orders worth Rs 1,000 […]

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Hanwha Q Cells Says Patent Case based on Structure, not Technology

Diversified Korean Group Hanwha, which has been in the news for its Hanwha Q Cells division suing rivals, issued a release on Friday that the patent over which it is suing rivals is not restricted to any particular method of manufacture, but the solar cell structure. The Seoul based firm issued the clarification after one […]

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The Message from Gujarat. The Solar Price Squeeze to stay in 2019

After the boom of 2017, solar power developers in India ran into a big, if not completely unexpected problem. Government expectations of price drops, when it came to bidding at auctions. The cancellation of the 1000 MW auction by Gujarat Urja Vikas Nigam Limited (GUVNL), for its Dholera solar park site was on expected lines. […]

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Greenko ropes in Siemens for 46% stake in Poovani Project

German power and energy major Siemens confirmed on Monday that its financial services arm has picked up 46 percent stake in Greenko Group’s 200 MW Poovani wind power project in Tamil Nadu for an undisclosed amount. Its financial subsidiary Siemens Financial Services (SFS) has signed a definitive agreement with Greenko Group for the 46 percent equity investment, making […]

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Breakthrough! Gujarat Finally Relents, Central Wind Energy Projects to Move

After months of uncertainty, the Gujarat government has finally budged, agreeing to making land available for Wind Energy projects bid out by SECI, the ‘central’ agency responsible for them. The news of Gujarat’s change in stance will be welcomed by SECI and developers alike, because the situation was threatening to get completely out of hand. […]

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SECI Issues Three NITs to Set-Up Solar Projects in UP, MP, Andhra

The detailed Request for Selection Document (RfS) for all the three solar power projects in UP, MP and AP respectively will be available for download for interested bidders latest by April 30, 2019. The Solar Energy Corporation of India (SECI) has issued three Notice Inviting Tenders (NITs), inviting online bids for the development of solar PV […]

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Longi Commissions New 5GW Mono Module Factory in China

Further, this 5GW factory was built with a total investment of about USD 328 million. One of the leading solar modules maker LONGi Solar has commissioned it’s another 5GW high-efficiency monocrystalline module plant in Chuzhou, Anhui, China. The move has come as the company aimed at enhancing its high-efficiency monocrystalline module capacity to meet rising global demand […]

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5 Big Hurdles that have Emerged for India’s Solar Power Producers

After installations of almost 10 GW and above in 2017 and close to 8 GW in 2018, the solar sector is facing its biggest challenge yet, as hurdles have emerged for the continued growth of the sector. Some of these challenges were always there, they are only bigger now, while others have emerged with time. […]

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Will 2 Paise per Unit toll Smoothen the Renewables Road? Speedbreakers remain

News Reports confirm that the Centre has floated a fresh incentive of 2 paise per unit produced for new projects in states. The latest news of the central government  introducing a financial incentive for states when it comes to renewable energy production hopes to tackle two key issues facing developers. land and distribution access for […]

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